Deem Global, a macro hedge fund founded just three years ago by Asfandyar Nadeem, has ballooned to roughly $1 billion in assets under management. The fund started with about $300 million in initial capital in 2022 and has grown at a pace that most fund managers would describe as “the dream.”
The numbers behind Deem’s rapid ascent
Deem’s flagship macro strategy posted a 21.3% year-to-date return through May 2025.
Deem Global Macro Plus, the fund’s higher-risk variant, delivered a 78.2% return over the same period.
The fund plans to close its doors to new investors once AUM approaches $3 billion, with a target date of March 1, 2026.
